Gmp now at 13 to 14 in Ahmedabad and Rajkot. 3 pm update today.
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March 23, 2024 6:09:54 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Dear 💕 Friends
रंगों की वर्षा, गुलाल की फुहार
सूरज की किरणें, खुशियों की बौछार
चन्दन की खुशबु, अपनों का प्यार
मुबारक हो आपको होली का त्यौहार !
होली की हार्दिक शुभकामनाएं !
Before this Chatha Foods ipo who is dealing in the field of Non veg food items other 3 Companies like HMA , Magson & Mukka proteins have entered in the market and their performance is not bad but all these 3 ipos have rewarded their investors nicely. 1. HMA Agro @ 585 now split to Rs. 1 and trading @52 but Sold it 780 before split. Full Allotment was there without any competition. 2. Magson @65 now trading @91. Not subscribed heavily. 3. Mukka @28 and now trading @41. In short no Company gave negative returns and quite confidence that Chatha will also give reasonable returns on listing as well as short term.
One more thing that Negen fund have invested 10% stake in 2023 and they are one of the candidate in anchor investors. These Funds are more smart & intelligent than us. Enjoy the holidays and holi before good listing. 😄😃😀
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March 27, 2024 12:43:50 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Congratulations to the all Chatha holders. Here I am happy not just because of the good listing but the courage & calculative risk taken by the all applicants. At the time of ipo the gmp was almost negligible and most of the pandits were talking about negative listing. So the all persons who applied against the winds have been rewarded. I always choose the ipo on the basis of fundamentals not on the basis of gmp.
Now my next results on Vishwas agri on 1st April. Let's see where it goes.
@Splendid - I remember this Neil guy was promoting Nykaa left, right and center few years back. He bought a lot in the range of 2000-2600 (before split) and it backfired badly. Of course some stocks would have definitely done well for him but what I'm trying to say is if Neil has invested there is no guarantee that the stock will do well.
90.3. Splendid| Link| Bookmark|
March 22, 2024 7:59:51 PM
Top Contributor (300+ Posts, 100+ Likes)
@GrayIsTheNewBlack whats you gut feeling says? Will it list positively or will it list flat to minor nagative?